An Act to amend and reenact § 46.1-299, as amended, of the Code of Virginia, relating to devices signalling intention to turn or stop and rules therefor.
Volume 1968 Law 99
Volume | 1884es |
---|---|
Law Number | 117 |
Subjects |
Law Body
Chap. 117.—An ACT to authorize the Richmond and Danville Railroad
Company to invest in and operate railroads and transportation lines
in other states.
Approved November 27, 1884.
1. Beit enacted by the general assembly of Virginia, That
it shall and may be lawful for the Richmond and Danville
railroad company to purchase and hold, or to guarantee the
bonds or stocks, or lend aid to other railrvads or transporta-
tion lines chartered by the laws of North Carolina or any
state other than Virginia, or to run, use and operate, by lease
or otherwise, such roads or transportation lines, upon such
terms as may be agreed upon with the company or companies
Owning the same; and such company or companies with which
it may make such contract or contracts, are hereby empowered
in like manner to make and carry out the same: provided
that the said Richmond and Danville railroad company shall
not acquire or hold any shares of the capital stock, or acquire
or hold or guarantee any of the bonds or other obligations of,
or extend aid to, or lease, use or operate the works of any
railroad company incorporated by the laws of this state, the
line of which is not actually and physically connected with
its line, or is parallel to, or a competing line with its own line:
and provided further, that nothing in this act shall be con-
strued to authorize the Richmond and Danville railroad com-
pany, or the Virginia Midland railway company, to acquire
or hold any shares of the capital stock, or acquire, hold or
guarantee any of the bonds or other obligations of, or extend
aid to, or lease, use or operate the works of the Seaboard and
Roanoke railroad company.
2. This act shall be subject to alteration, amendment or
refusal, at the pleasure of the general assembly.
3. This act shall be in force from its passage.